Of course, international business dealings come with their own set of unique challenges, and – if you’re looking to go global – you’ll want a stellar skillset under your suit. Understanding the different laws, financial markets, and cultures around the world can really help your business to thrive. Professionals with these unique understandings will go far in the world of business.
What kind of International Business degree should you get?
Contents
A doctoral degree in international business is typically offered as a Doctor of Business Administration degree. These degree programs often focus on topics including international trade laws, international marketing, global leadership, and more. If you already have a master’s degree and relevant work experience, you should look into earning a doctoral degree.
Today, more and more colleges and universities are offering unique online degrees for international business buffs like yourself. And we’ve ranked the overall Best Online Colleges and Universities for your convenience!
How much money do people make with an International Business degree?
Salaries for those with an international business degree can vary as much as the career path you decide to pursue. Of course, just holding this advanced degree will catapult you into a higher salary bracket. According to the Bureau of Labor Statistics, Marketing and Sales Managers can earn upwards of $57,000 per year, while International Marketing Directors can earn more than $82,000 annually.
Your salary will also be contingent upon the city in which you work, your level of expertise, the skills you bring to the company, and more. If you’re interested in International Financial Management, you may be looking at over $125,000 per year. Understanding international financial markets is a huge asset in today’s growing business environment.
What can you do with a degree in International Business?
While you can do plenty with a bachelor’s or master’s degree, a Ph.D. in International Business will truly open up doors worldwide. You can apply this degree to any industry and occupation you desire! Many graduates go on to pursue international careers in marketing, finance, management, human resources, and more! If you’ve always wanted to work abroad or for a company based in another location, this degree may be ideal for you.
What are the requirements for a Ph.D. in International Business?
Many of the below programs will require applicants to hold a master’s degree in a related field. Applicants should also have relevant work experience and a global mindset before embarking on a Ph.D. in International Business. Once admitted, most Ph.D. programs require students to complete extensive research, culminating in a dissertation. Other programs may require Ph.D. candidates to attend on-campus residencies for students to network with fellow classmates and professors.
What are the best International Business degrees?
Deciding on the best international business degree program can be a tall order given how many colleges offer these programs. From the courses offered to the price, location, and more, there are plenty of factors to consider. Luckily, we’re here to help make your decision a bit easier! The team at Colleges Rank has taken into account not only affordability and potential earnings but the overall strength of each program as well. We use data from the National Center for Education Statistics’ IPEDS database, U.S. News & World Report, and Payscale, as well as individual college websites.
Be the first to comment